Debt and Receivables Securitization (Tables)

12 Months Ended

May 31, 2012

Summary of Long-term Debt and Short-term Borrowings Outstanding

The following table summarizes our long-term debt and short-term borrowings outstanding at May 31:

(in thousands)	2012		2011
Short-term borrowings	$	274,923	$	132,956
Floating rate senior notes due December 17, 2014		100,000		100,000
6.50% senior notes due April 15, 2020		149,871		149,854
Industrial revenue bonds due March 2013		281		-
Industrial revenue bonds due April 2019		2,423		-
Secured term loan		5,816		-
Other		400		400
Total debt		533,714		383,210
Less: current maturities and short-term borrowings		276,252		132,956
Total long-term debt	$	257,462	$	250,254

Maturities on Long-term Debt and Short-term Borrowings

Maturities on long-term debt and short-term borrowings in the next five fiscal years, and the remaining years thereafter, are as follows:

(in thousands)
2013	$	276,252
2014		1,172
2015		101,202
2016		1,238
2017		1,274
Thereafter		152,576
Total	$	533,714